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on the first part of that. >> democracy now! questions u.s. climate negotiator jonathan pershing about criticism of the failure to do more to cut emissions and save the planet from catastrophic climate change. we will speak with ronny jumeau and martin khor of the south centre in malaysia, and then anjali appadurai. >> you have been negotiating my whole life, you have failed to meet targets and a broken promises. >> a year after calling on world figures to do more to save the planet, the 22-year-old american college student was banned from the climate talks here in doha for the first week. she joins us today h. then we look at how the koch brothers are influencing climate policy.politic this is democracy now!, democracynow.org, the war and peace report. i'm amy goodman. the death toll from a massive typhoon in the southern philippines has doubled to more than 270 people. typhoon bopha is the most southerly typhoon ever recorded in the western pacific and the strongest to hit the philippines this year. 80,000 people have been forced to flee their homes. we will have more from doha after
to fighting hunger in the u.s. as we work together, we can stamp hunger out. >> and by contributions to your pbs station from viewers like you. thank you. >> for more information on tavis: please welcome at pbs.org. back to this program. -- please welcome wole soyinka back to the program. he is now a president -- a professor in residence, and he is the author of a new text, "of africa." >> thank you very much. tavis: you were tired of this nonsense that africans are inferior in a variety of ways. are we beyond that? >> i think it is an exaggeration to say that is why i wrote it. and number of reasons. it was to express my astonishment. it was totally mine blowing. i just mention that as one of the in ciliary -- one of the ancillary. i find a lot of crises tend to generate from east to west and cristian and islam. and there are what i call the invisible religions. lessons to teach the world. tavis: how do this to stand in their version religions play themselves out? >> yes, a very good question. look at somalia. look at more tanya. -- and more tanya -- look at another country. we would have t
alarmed people in neighboring countries. senior officials have met with their u.s. counterparts to coordinate their response. south korea's chief nuclear negotiator and the head of the japanese foreign ministries headed to washington. they met with u.s. special representative on north korea, glen davies. they will continue diplomatic efforts until the last minute. >> translator: we also agreed that the international community should take firm action if north korea goes ahead with the launch. >> sugiyama said he hopes to visit beijing to discuss the matter with chinese officials. >> they're ignored warnings over the year when they went ahead with a launch that ended in failure. covering the korean peninsula, we see why leaders in the north are pushing ahead despite opposition. >> reporter: the ballistic missile launch will be the second since kim jong-un took power a year ago. it will use the same launch pad, a site in the northwestern part of the country. before the first testing, officials said the three-stage rocket was meant to carry a satellite. but japan and the u.s. and so
. >> shepard: u.s. officials say they have recently spotted the syrian military moving around chemical weapons components. syria is believed to have enormous stockpiles of chemical weapons, gases that can kill people by raising blisters on their lungs or shutting down their nervous systems. as bashar assad's regime gross desperate the chances of him unleashing those weapons are growing. the fighting that began last year in syria has killed at least 40,000 people. if president assad gives the go ahead for the chemical weapons attacks it's hard to predict how many more would dyed. we have team fox coverage tonight jonathan hunt at the united nations first to james rosen at the state department and to james nato is taking steps to minimize the amount landing outside of syria. >> that's right, shep. the foreign ministers of the military alliance gathered in brussels today and announced there that they have approved a request made by member state turkey which asked for u.s.-made patriot antimissile batteries to be installed along its southern border syria. the ministry made clear the systems are pu
of just 2.5% in the u.s., 1.5% in canada and zero growth in the uk. locally, cutbacks in government spending weighed on the numbers and lower commodity prices also impacted on cash flow and the government is facing more criticism about its effort to keep the budget in surplus while the economy grows. >> the government has had the objective of making sure that we would bring our budget back to surplus when growth has been around trend. what we've been seeking to do through good budget policy has been to provide maximum flexibility to the reserve bank to a just rate so. the government will always put in place appropriate budget settings which will support growth and jobs. >> still, analysts say growth could slow further as the mining investment boom peaks. yesterday, the bank of australia cut interest rates to a record low of 3% and traders are looking further easing next year to offset the falling talks of trade, the high australian daughter and further cutbacks in government spending. >> despite that prognosis for rates and the fact that we're now matching the record lows here, the
deliver a major boost to u.s. economic growth. i realize that many of our colleagues have different priorities when it comes to fixing our broken immigration system, but the reforms contained in the stem jobs act enjoy bipartisan support. so i would urge my colleagues, let's show the world that we can agree on this common sense, bipartisan immigration reform. let's do something for our economy and let's take this first step in our broken -- solving our broken immigration system. now, let me say, before i turn the floor over to my colleague from kentucky, who i know has some comments on this topic, let me address two issues quickly and that is, i can anticipate hearing from some of our colleagues, this doesn't solve all of what's broken in our immigration system and i concede that that's correct. but what we need more than anything is to develop some confidence-building measures for the american people to demonstrate that we can come together, republicans and democrats alike, and do what needs to be done, which everybody -- almost everybody agrees is common sense, and then we can fol
gainers at the open. they're refraining from major moves to confirm the next steps in the u.s. budget talks. the obama administration and opposition republicans remain at odds over how to avert the falling off the fiscal cliff. let's take a look at currency markets. the dollar is also little change against the yen as u.s. budget talks continue. dollar/yen is in the upper 81 levels, 81.88 to 90. the euro, that is higher against the yen, 107.27 to 30 at the moment. worries are reseeding over eurozone debts. let's take a look at other markets in the apple open. kospi is trading flat on the day, 1,934. looking at australia, the benchmark index is trading higher by 1/10 of a percent, 4,508. modest moves so far this morning in the asia pacific. >>> japan and india launched a new framework to provide bilateral credit in u.s. dollars. the aim is to ease the impact of possible turmoil in the global financial markets on asia. the two countries worked out the details on tuesday. japan's prime minister and his indian counterpart had signed the currency agreement a year ago. under the framework bo
can count on. ♪ could push the u.s. economy behind the times. plus, a preview of what stocks investors are looking to own after ringing in the new year. the sudden flow of one hundred dollar bills is indicating a rise in fishy activity. and, bring on the breakout. are the markets poised for a swing to the upside? first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's wednesday, december 5th. i'm angela miles. in today's first look: standstill. that's what's happening with the budget talks in washington, and it's reflected on wall street. stocks barely budged yesterday. gold, however, was a major mover. what that tells traders is coming up in the show. pandora hit a sour note with investors last night. shares plunged after the company revealed a loss of advertising money as lawmakers fail to find harmony over averting the fiscal cliff. the brand new dreamliner is under review after making an emergency landing in new orleans due to a mechanical glitch. larry shover of sfg alternatives joins us now on this wedn
to be played out where the u.s.' cooperation re-- creates resentment. it gives this very strange dynamic and insight into the impact that history is having into that area because this is part of the world that has been used to coming and going and create a relationship and hedge their bet. apart from the human tragedies that are in there, your heart breaks. and spoke to his wife right before he went on this mission and died in a helicopter crash and it reminds you of the human cost of this effort and logistical challenges of the effort. >> did this book make you regret or an approach on afghanistan? >> it reminds us of the challenges of it. at the end of the day, afghanistan is important and important for multiple reasons. you don't want to create a safe haven in afghanistan for people to be able to come back and reconstitute the taliban. but it's also about pakistan. to an unstable afghanistan where elements are organized is a danger to pakistan and its nuclear capability and they are concerned about that as well. the raid against bin laden couldn't have happened. the future matters in
, as a new focus on the u.s. operations. >> it would require us temporarily to throw out the strategy we have so carefully put in place in the past year as something to avoid. >> the d.o.d. promises that the salary of the department 3 million civilian and military employees would be exempt from cuts. staffing them would not be. bret? >> bret: doug, thank you. one of the suggestions discussed for increasing revenue involves limits on tax deductions as you heard in ed henry's piece. that brings us to the issue of charitable giving and whether the limits on write-offs would limit people's willingness to write checks. here is chief national correspondent jim angle. >> more than 200 representatives of charitable organizations from across the country came to washington today. to urge lawmakers to be careful not to hurt charity in search for revenue. >> for every dollar a donor receives in tax relief the public receives $3 of benefit. no other tax benefit generates that positive public impact. >> as they fanned out across capitol hill to talk to lawmakers the debate rageed on how to avoid the fiscal
. >> sreenivasan: iran claimed today it has captured a u.s. surveillance drone. the "scan-eagle" is used to collect photographic and video images. iranian state television broadcast video of two military commanders examining the aircraft. they said it was seized "in the past few days," but they did not specify where or how. in response, the u.s. navy said none of its unmanned aerial vehicles-- u.a.v.'s-- are missing. and in washington, white house spokesman jay carney raised doubts about tehran's statements. we have no evidence that the iranian claims you cite are true. i'd refer you to the pentagon's comments this morning for details about this particular type of u.a.v., but again we have no evidence that the iranian claims are true. >> sreenivasan: a year ago, iran did manage to down a c.i.a. drone that apparently crossed the border from afghanistan. and last month, the u.s. military said another drone came under fire by iranver the persian gulf. it s undamaged. in afghanistan, a bomb blast has killed two nato troops in the country's south. the alliance says the attack happened yesterday. it did
if these weapons were used. let's begin here tonight with the very latest. >> reporter: good evening, brian, u.s. officials tell us that the syrian military is poised tonight to use chemical weapons against its own people. and all it would take is the final order from syrian president assad. as the fighting grows more intense and syrian rebels close in on damascus, the syrian regime has turned very desperate. u.s. officials tell nbc news the syrian military has now loaded the pre cursor for bombs, that could be dropped from dozens of fighter bombers. this week, u.s. intelligence detected a flurry of activity here, near homes. today, while u.s. officials confirm the precursor chemicals are loaded, they must still be mixed together to create the deadly gas. the alarm shook the world, including president obama and secretary of state hillary clinton issued strong warnings to syria's president assad, there would be strong consequences if he used chemical weapons. >> they would lose any sort of backing they had with china and russia, in terms of blocking the vote. >> reporter: the chemical mix is deva
in 1952 in the beacon hill neighborhood of seattle, washington. his parents immigrated to the u.s. from china and the 1930's. his father fought in world war ii and worked as a cook. he passed away when the mayor was 15. his mother was a seamstress and a waitress. mayor lee has five siblings, he graduated from college in maine, he also went to uc- berkeley law school and finished in 1978. he and his wife have two daughters. i also want to mention, prior to becoming mayor, one of the key points in his contributions to the community is after he completed law school, he worked as a managing attorney for the san francisco asian law caucus, where he was an advocate for affordable housing and the rights of immigrants and renters. mayor lee -- [applause] >> thank you. welcome to city hall. the people's city hall, san francisco. i want you all to note that that was such a wonderful rendition of our national anthem. please give another applause to the millennium -- melanie and her daughter. i am so excited about all of you and seen so many of you from all over our state. come to city hall anin sa
very much do. we're about 55% in the u.s., 25% in developed non-u.s., and 25% in emerging. those emerging and developed non-u.s. numbers we pushed up back in october. >> how much risk do you think you're taking by going overseas like that? we hear people say how undervalued they feel the u.s. market is and what a mess many of those emerging markets are right now. >> it's interesting. quite frankly, a lot of the emerging markets have underperformed quite significantly in the past year. >> isn't that appropriate, though, given the fact the growth rates have come way down? >> absolutely growth rates have come down. if you look at the underlying trend in the growth rates and the pmis coming out of those countries, they probably bottomed back in the summer, probably in august and september. they're beginning to creep back up now. >> you think we'll see back to the highs in terms of the growth rates and places like brazil? >> i think we're looking at 5% to 6%. that's probably better than 2% out of the u.s. >> absolutely. >> eric, what's your best idea right now? >> well, i think any of
and treaties and important enough that the u.s. supreme court has taken the case. the last time she was in the u.s., her father shot this video of her. but now she lives in scotland where her more lynn is from. a federal judge ruled that she could take her back to scotland despite the father's objection. he says that she shouldn't be with her mother because lynn has a drinking problem. >> personally, i don't think someone with an alcohol issue like that can take care of a child. you know, definitely on their own. >> reporter: as evidence, this is a 2010 police video where lynn was charged with disorderly conduct. lynn says it was an isolated incident after a night out. >> you know, i had too much to drink and i apologized to the court when i was taken to the court. this is not a reflection on me. i wasn't drunk and in charge of my child. >> it's a classic he said, she said. >> i believe he set me up. >> reporter: lynn says it's a plot to get her deported sdple called the police on me on the 24th of december, christmas eve, and i was removed from the house. i was taken to a particula
at entitlement programs in 31 days. so i do believe we will let the top tax rate go for 98% of the u.s. public, will not have their taxes raised. we need to take the example from california. california did it, people voted for. melissa: goodness, california will go bankrupt and they're falling off in the ocean. i would never want to imitate california. >> california. california is doing much better. melissa: you're a great sport. thanks for coming on. we appreciate your time. >> all right. melissa: many so. country's mow powerful democrats unveiled a new tax plan aiming not so much at the rich but aimed at favorite vices. would the pain be worth the gain? >>> the government extends an olive branch to the protesters and get firebombed in return. will it swallow the morsi government and middle east security along with it? more "money" coming up. ♪ . i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... hew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery.
. . this is where the u.s. needs to stand firm. it's how we can stand firm for freedom. i encourage the passage of this resolution, and i encourage that we as a body will continue to stand for a free and open internet. and with that i yield back the balance of my time. the speaker pro tempore: the gentlelady yields back the balance of her time. the question is will the house suspend the rules and agree to senate concurrent resolution 50. as many as are in favor will signify by saying aye. those opposed, no. in the opinion of the chair -- black plaque mr. speaker, i ask for a recorded vote. the speaker pro tempore: 2/3 having responded in the affirmative, the rules are suspended, the concurrent resolution is agreed to -- mrs. blackburn: i ask for the yeas and nays. the speaker pro tempore: the yeas and nays are requested. all those in favor of taking this vote by the yeas and nays will rise and remain standing until counted. a sufficient number having arisen, the yeas and nays are ordered. pursuant to clause 8 of rule 20 and the chair's prior announcement, further proceedings on this motion will
will report it's monthly snapshot of the u.s. labor market. it, too, is likely to reflect temporary effects related to the aftermath of hurricane sandy. >> we're looking for only a 50,000 gain in jobs in november, well under that 170,000 average we've seen over the past three months. >> reporter: hurricane sandy's effects on hiring may be short- lived, but experts worry fiscal cliff concerns could result in a new storm brewing for workers looking to land a job in the coming weeks. suzanne pratt, "n.b.r.," new york. >> tom: citi and the financials lead the way higher on wall street, helping the dow top 13,000 again.at but a big drop in apple shares kept the nasdaq fromains.. by the closing bell, the dow was up 82 points, the nasdaq down 23, the s&p added two points. >> susie: investors were also encouraged by news that american workers were very productive this past summer, and that's good news for company profits. productivity increased at its fastest pace in two years, at an annual rate of 2.9% from july through september. that number blows away the initial estimate of 1.9%. erika miller t
since 2008. stockton, california was a big story. that was the biggest u.s. city to seek protect from creditors and there may be others in the pipeline. bill: negotiations on that fiscal cliff and his first one-on-one television interview since reelection president obama says he will only agree to a deal that raises tax rates on top earners. >> we are not going to simply cut our way to prosperity or cut our way out of this deficit problem. we are going to need more revenues. in order to do that that start with higher rates for the folk at the top. the reasonien, the reason i say that is not to punish success or go after folk just because they are wealthy. it's a simple proposition that you can't raise enough revenue and if you don't raise enough revenue through closing loopholes abductions, it's going to be middle class families that make up the difference. bill: john boehner will speak later this hour. we'll see how he responds to that comment. if washington can't get a deep, automatic tax increases and massive spending cuts do take effect. martha: west virginia senator joe manchin,
. it's my pleasure to be here with you this morning on the green ship of our u.s. navy. it's very appropriate that it be here heading the fleet in san francisco. admiral beeman, thank you very much for your leadership. it is impressive what we are accomplishing. just two years ago, we started with an understanding that our military, the coast guard, the u.s. navy, the marine corps, had something that we really needed. it's called logistics expertise. and we recognized that and with the help of our fleet week association, with the help of our honorary chair, former secretary of state george scholtz, along with senator feinstein who started fleet week, we began to appreciate in addition to appreciating the men and women in uniform and the wonderful attributes of having fleet week and the blue angels and the parade of ships, we could also be working on something very important to this city. all across the world there are examples after example and i know the men and women and leadership of the uss macon know this after their tour of duty these past months, all over the world there
members from the u.s. marine corps, 20 members from the u.s. navy, 10 members the u.s. coast guard, where we will then partner with them and cross train them and use our techniques, reaching technical rescue and high and low rescue being demonstrated in display. we will also be having some of our u.s. navy personnel on ride-alongs with members on our ambulances, fire engines and trucks to continue with our cross training. so, it gives me great pride to be here to continue to serve as the fire chief, to welcome the military, and to say thank you to all of you. here's to an enjoyable fun-filled busy weekend. all the best, and thank you for your service. (applause) >> i wanted chief to tell you about that training. we first did it in 2010, search and rescue which we knew was a problem in haiti in the earth wake in the recovery. and like they say in san francisco, the fire department, we know how to do it, but when the big earthquake hits, we're all going to be victims and we want to make sure that anybody that potentially could come in to help dig us out knows how to do it. well, we trained
weekend at a conference on u.s. israeli issues. >> hi, everybody, welcome to the state department. >> reporter: that included this tribute video. >> i am somewhat overwhelmed, i'm obviously thinking i should sit down. i prepared some remarks for tonight but then i thought maybe we could just watch that video a few more times. >> reporter: until clinton decides her future, it's widely believed she freezes a potential democratic field that could include vice president joe biden, democratic strategist hilary rosen has her own prediction. >> i think she's going to run for president, but we're wasting our time speculating about it, she marches to her own drummer, she's not going to be rushed. >> have you talked to her at all about this, do you know if she's talked to political advisers about this? >> i have talked to her about it, and i've been shut down. >> reporter: clinton would have company. >> do you know any good diners in new hampshire or iowa. >> i will not stand by and watch the people of south carolina ignored. >> reporter: all kidding aside, paul ryan and marco rubio already
four years because helping u.s. job creators export shouldn't be a partisan issue. over 100 bilateral trade agreements are being negotiated today as we speak here on the floor. the united states is a party to none of them. we are a party to one multilateral trade agreement which i support but we need to get back engaged in bilateral agreements to open markets for our products, our service providers. we have been sittingr hands on the sidelines in an increasingly global and dynamic economy. this is the first administration actually since f.d.r. not to ask for the ability to negotiate trade agreements using expedited procedures. and this is something unique, trade promotion authority in order to negotiate agreements. this administration has yet to even ask for it over the last four years. last year we finally passed the korea, panama and colombia export agreements. hopefully our bipartisan actions today to boost exports to russia will signal a new chapter, for us to engage as a congress and with the administration in a much more ambitious and proactive trade policy. i'm pleased this bip
'll beere, so is ralph nader nader. lashing back about how u.s. coanies are taking money out, wait until you hear him let her rip. >> but first the democrat who demanded a voioice and g one, demanded a voioice and g one, did h before copd... i took my son shing every year. we haa great spot, not easto find, but worth it. but witcopd making it hard to breathe, i thought those days might be or. so my doctor prescribed symbicort. it helps significantly improve my lung funcon starting thin five minutes. mbicort doesn't replace rescue inhaler forudden symptoms. with symbicort, today i'm breathing better. and that means...fish on! symbicort is for copd including chron bnchitis and emphysema. it should not be taken more than twice a day. symbirt may increase your risk of lung infections, osteoporosis, d some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking it. with copd, i thought i'diss our family tradition. now symbicort significantly improves my lunfunction, staing within 5 minutes. and that makes a difference in my breathing. tay, we're read r wh
it is the worst performer of the dow jones industrial. looking at the fickle number, what about u.s. stocks against other opportunities read >. >> all of a sudden up nicely, i think they have been whacked and a goodbye right here. >> they are not transparent enough. many are swirling around, you're okay? >> never you own a monopoly, they don't like to make compromises. liz: december 14 visit 14 is a. >> they are due to get the iphone. liz: what other areas do you like with china? if people are concerned about whether we will see more of a slowdown, what is your number one moneymaker? >> the telecom of australia. the reason they say that is a 6.5% dividend. which is great, up 30% this year. let's say it does nothing over the next four or ffve years and you're collecting the dividend rising at 4% per year, you look at the compound rate, it is 8%. maybe even more. liz: you still have time to be a shareholder of record. >> absolutely. you look at the point of view of other areas to invest. you can own internationally by having u.s. companies. invest internationally would be a theme i think wou
with a range of more than 60 miles. nato foreign ministers approved sending the missiles to turkey with the u.s., the netherlands, and germany providing the weapons but the alliance stressed the move was defensive. >> the deployment of patriot missiles will serve as an effective deterrent and that way, diaz with the situation along the syrian-turkish border. >> russia is the one fly in the right man. the foreign minister said he would not block the move. a sign an old ally may be losing patience with president assaad. they hope deploying missiles will help stabilize tensions but the bigger concern is what is happening inside syria itself. specifically, what the regime might do with its stockpile of chemical weapons. syria has used much of its considerable arsenal to crush the rebellion. hidden from view it is believed to have developed a chemical weapons program and there are reports of activity, prompting this uncompromising western message. >> we are concerned for the same reason the united states has. we have sent our own clear, private message directly to them about the serious consequences
that win for him on thursday. >> san francisco bringing the st. johns red storm taking on u.s.f. 17, 16. u.s.f led by 15 but the red storm stormed back. gets the lead down to five. u.s.f hasn't lost against the opener in stanford. they won't lose tonight. 81, 65. they are five and one. usually it's jim harbaugh involved in a testy handshake. his brother stars in top five. john tried to shake hands with mike tomlin. tomlin blew him off. harbaugh said hey, i said congratulations. lebron james had a triple double but the heat were beat by the wizards. the wizards win for the second time this year. they role 80 to 38. let's go back to the hill top. mark slams an alley-oop from cody doolan. that's the number two play. number one, andre johnson the texans receiver took youngsters from the texas child protective services to toys r us and let them run wild. the unconfirmed total is $19,500. >> isn't that great. >> a great young man. >> that's a lot of barbies. that's going to give you a lot of barbies. that's a sportsman. >> well that's the story we like to see more of. sometimes guys get on the wro
for. she's the sponsor for the u.s.s. cole and i want to welcome you, lee perry, here this morning and thank you for all you've done and supporting your husband and his marvelous career. thank you, ms. perry. (applause) >> our speaker this morning, the former secretary of defense william perry, i first met when he was the deputy secretary of defense, and he and mrs. perry came to korea where i was the c5j5 and i was assigned to escort them around. and i had a lot of those kinds of duties while i was assigned to korea. but it was the most pleasant experience i had and i say that honestly, to get to know these two people. and he then became our secretary of defense. and many of us that have served thought that he was one of the best secretary of defenses we've ever had. he's currently a senior fellow at the hoover institute and a freeman foley institute of international studies. he is the michael and barbara bavarian professor at stanford university and serves as co-director of the nuclear risk reduction initiative and preventive defense project. please help me welcome our speaker th
knows darn well he's not going to get through now. pushing out carbon heavy fuels like coal out of the u.s. energy mix. you mentioned west virginia. folks like democrats from those states are not happy about that. megyn: the nrdc says its approach will cost $4 billion a year. but they claim it will save over $25 billion each year in reduced pollution related illnesses like asthma. so we will wait and see if there's any action. thank you so much. dramatic new amateur video on the streets of serious capital. rebel forces battling government troops in damascus today. you can see rebel snipers shooting from inside buildings. secretary of state hillary clinton now raising more concerns that bashar al-assad may resort to using chemical weapons against his own people. hillary clinton saying the u.s. is worried about an increasingly desperate bashar al-assad may use the weapons or lose control of them. this battle has been exploited to some extent by al qaeda. the rebels have been infiltrated by al qaeda, which is becoming a growing force there. in any event, the concern about chemical weapons is
of all u.s. forces in the war in afghanistan. and on the tape, fox news analyst says that she was asked by her boss, by the chairman of fox news to pass along some very specific advice for general petraeus. >> if you're offered chairman, take it. if you're offered anything else, don't take it. resign in six months and run for president. okay? and i know you're not running for president, but at some point when you go to new york next, you may want to just chat with roger. i just say what i have suggested and that we've discussed is next time you go to new york you're going to stop by and see him? >> yeah. i'd be happy. i haven't seen him in awhile. he's a brilliant guy. >> he's simply brilliant. >> he is. tell him if i ever ran, but i won't. but if i ever ran, i'd take him up on his offer. e he said he would quit fox. and bankroll it. >>. bankroll it. or maybe i'm confusing that with rupert. >> i know roger he's done okay. but no, i think the one who's bankrolling it is the big boss. >> okay. the big boss is bankrolling it it. roger's going to run it. and the rest of us are going to be y
. mitch mcconnell attempted to bring up the president's plan for a vote in the u.s. senate, a plan $1.6 trillion in tax increases, hundreds of billions of dollars in spending cuts, a limited debt ceiling for the president. democrats blocked the vote and democratic republicans to the only reason is because the plan is unserious. this is washington, back to you. liz: we have a lower third banner that says we can probably solve this in a week according to the president. >> if he said if republicans relent on raising tax rates on $250,000 per year. david: always the question of if you'll take over the power, rich edson is they're following it all for us. coming up, more on what is happening in washington, the chief number cruncher on the heritage foundation here to tell us why they're increasing taxes 25%. liz: pandora shareholders may be singing the blues after the stock plummeted 20% at one point today after beating earnings estimates but admitting it will swing to a loss. ask any internet radio pioneer and ceo joe kennedy why he is whistling a much better tune despite that. next. liz:
a strike of the two biggest ports in the u.s. directly affecting you and your wallet this holiday season. you want to hear this. >>> violent protests portedly lead to the egyptian president fleein his palace. what it could mean here if his rul crumbles before your eyes. what it could mean comin up. ♪ . you stl think you're colder than me? nah. don tell me. tell tiny! [ ice craling ] [ knuckles craing ] and who are you supposed tbe, back-up? handle it. what you looking at? ! cat-like reflexes... whoa! [ ma announcer ] the coors light silver bullet pint. it's bigger. it's resealable. it's still the colde. don't you do it. don't you do it! [ male announcer ] frost brewed coors light. the world's most refreshing er! ♪ . melissa: well u might not think the huge strike the two biggest prts in the countrydirectly impacts you but think about this if you ordered anhing laly, and we all have, christmas or hanukkah gifts you may not get them in me. more than den ships loaded incargo are sitting doc in california and have been for the past week. both sides reportedly agreed federal mediation in
how u.s. companies are taking money out, wait until you hear him let her rip. >> but first the democrat who demanded a voice and got one, did he get an answer? we'll ask. governor jack markel. you stl think yore colder thane? nah. don tell me. tell tiny! [ ice crackli ] [ knuckles cracking ] and o are you supposed to be, ck-up? ndle it. what you looking at? ha! cat-like reflexes... whoa! [ male announcer ] t coors light silver bullet pint. it's bge it's resealable it'still the coldest. don't you do it. don't you dot! [ ma announcer ] frt brewed coors lig. the world'most refreshing er! >> we came apart to make sure that voices and issue we face at governors in the states are heard and considered as part of discussions in washington, president was open to that. said we would continue to have a seat at the table. neil: you know, that expression, a seat at table. you got one, so, you know calm down. issue is do you have any influence what you speak from that seat at that table? speaking with the governor, governor do you think we'll avoid this thing? >> i don't know. the presid
ago there were only 1 billion active participants in the global economy. it was really just the u.s., western europe, and japan. today there are 4 billion people participating in the economy. we have got the same antiquated tax system today that we had 20 years ago. we should be taking the opportunity there to look this thing and say, what does it take to be globally competitive today? yes, i was on the commission, and some might think i like that proposal a lot, which i did. it does not have to be exactly like that, but there are some principles that are a part. -- that are important in there. the whole idea of during individual corporate cap gains, do it all at the same time make sense. the territorial system for companies makes sense, with clauses so that nothing -- nothing screwy happens. then we relook at all these deductions, and we should be looking at do we want all these at a time when our economy needs more flexibility to respond to a very globally different place than we had 20 years ago. it is -- to pass up this -- i think it a shame to pass up this opportunity to actual
of supervisors for final approval. in berkeley, ann notarangelo, cbs 5. >>> as for u.s. drones over the middle east, the navy says it's not missing any. iran claims to have captured an unmanned america aircraft over the persian gulf and showed it off on tv. the u.s. government denies it. >>> a bipartisan group of governors met with the president and congress to make a deal on the "fiscal cliff." they could lose funding if there's not a plan to stop automatic cuts. the dow was down 14 closing below 13,000. the nasdaq was down 5.5 points. the s&p 500 lost 2. >>> it's pay back time for a bay area politician accused of using his procurement card like a personal slush fund. santa clara county board president george shirakawa has been ordered to immediately repay nearly $13,000 in charges. that's after a scathing internal audit found he had been billing taxpayers for things like golf fees and rental car upgrades. shirakawa says he will return most of the money but is challenging some of the charges. >>> on the bay area watch san jose police are looking for the owners of 300 marijuana plants found th
to recognize economic, social and cultural entitlements is rights under domestic u.s. law. the senate is my opinion has not adequately investigated how the standard will affect domestic u.s. federal and state law. we have had one hearing on this issue that included both opponents and opponents of the treaty but did not substantively address my concerns about the standard, about the significant addition to what would become the law of the land of the united states of america. for these and other reasons, mr. president, he must oppose the u.n. convention on the rights of disabilities and encourage my colleagues to do the same. thank you mr. president. >> senator from massachusetts. >> i listen carefully to the senator and i understand colleagues on the other side of the aisle have concerns about the united nations and i respect that. we've had the space before, but i'm having difficulty finding where the threat gains any reality the senator has described specifically with respect to children the senator mentioned the question of the committee being created and sometimes committee make recomme
two acquisitions. plains exploration and mcmoran exploration. >>> concerns over the u.s. economy as adp misses estimates. the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with this big deal. as i've been telling you we'll see a lot of big deals -- i was wrong. here we are. freeport mcmoran buying not one but two companies. the combined price if you add it all together gets close to $20 billion. that does include debt. let's go through some of the details. it's somewhat complex. let's start with bigger of the two deals. freeport's purchase of plains. approximately $6.9 billion in total now. it's a cash and stock deal. .6531 shares and 39 bucks a share in cash. that adds up to $50
announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. but they have to use special care in keeping the denture clean. dentures are very different to real teeth. they're about 10 times softer and may have surface pores where bacteria can multiply. polident is designed to clean dentures daily. its unique micro-clean formula kills 99.9% of odor causing bacteria and helps dissolve stains, cleaning in a better way than brushing with toothpaste. that's why i recommend using polident. [ male announcer ] polident. cleaner, fresher, brighter every day. >>> our second story "outfront," a stern warning to syria. the use of chemical weapons is unacceptable. n
to start a fight over the debt ceiling. the u.s. could reach its debt ceiling by the end of the month, and risk defaulting on its loans early next year. house speaker john boehner today said, quote, we don't have time for the president to continue shifting the goal posts. we need to solve this problem. danielle lee now joins us from capitol hill with more on this story tonight. danielle? >> reporter: jim, good evening. we're just now learning that president obama spoke to house speaker john boehner by phone this afternoon. but we're not hearing of any progress on avoiding the fiscal cliff or on raising the nation's debt ceiling which is currently at $16.4 trillion. there are new concerns about what could happen to the country's credit rating in the new year. each day toward the fiscal cliff is also another day closer to the country maxing out on its borrowing limit. president obama talked to business leaders today. >> the only thing that the debt ceiling is good for as a weapon is to destroy your credit rating. >> reporter: he's worried republicans may re newsto raise the country's de
to this headline. u.s. denies aid to the maryland storm victims. this is the picture of the face of maryland going through the storm. i will not show you the pictures of the lower shore this morning. >> a disaster bill coming up in the middle of this battle over the fiscal cliff could make this really complicated. some republicans are discussing offset spending cuts elsewhere in the budget now to help fund this legislation. lori: good luck with that. melissa: let's check the market, nicole petallides on the floor of the new york stock exchange. we add another company to our daily accelerated dividend watch? nicole: that is right, we are indeed doing just that on a day the dow was up 130 points, maybe some investors are already happy to see an up arrow to the market. western digital, those shareholders are getting a nice boost. the stock is up 9%. joining over 110 companies accelerated the dividend payout. if you are watching a fox business network know by coding the dividend payout they are not susceptible to a higher tax rate in 2013 if the fiscal cliff does not go well. there is no bipartisan ag
, what would a serious u.s. military intervention in syria look like? >> it would probably, erin, start out with a no fly zone type operation, similar to what we had during operation southern watch, which -- and northern watch, which basically governed the skies over those parts of iraq after the first gulf war. that would be the first step. however, in order to secure things like chemical weapons, you would definitely have to look at using ground troops. it may not be u.s. ground troops, but the possibilities certainly exist that they might be used. >> of ground troops which i think is the key words for all viewers out there. ground troops is a very different sort of concept than what many people thought about what would happen in syria. and peter, i guess it comes down to this, about whether bashar al assad would use chemical weapons. the rebels seem to be gaining ground. the chemical weapons are horrific. would bashar al assad use them? >> it's an important question. i'm wondering, erin, whether this was a regime decision. you know, this activity surrounding chemical weapons, or they
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